The market traded in a narrow range and the KLCI closed at 1476.46 down 4.06 points 0.27%. The immediate resistance is at 1480.
This market condition will remain for some time until the global financial situation as well as the situation in the USA becomes clearer. Be vigilant.
Stocks 1 - 5 are overbought.
Stock Close S'port Resist RMI Inertia
1. MAS 1.80 1.60 1.89 89.6 46.9
2. RANHILL 0.88 0.78 0.885 89.1 61.3
3. METECH 0.68 0.655 0.68 87.8 58.6
4. DUTALND 0.605 0.58 0.61 85.0 60.5
5. CYBERT 0.125 0.11 0.155 83.6 55.2
6. TM 4.01 4.01 4.04 67.3 48.0
7. BJTOTO 4.23 4.08 4.23 17.2 44.6
8. MUHIBAH 1.32 1.21 1.33 15.5 41.3
9. REDTONE 0.18 0.17 0.18 13.1 40.1
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT"
TAN
